Forex Trading - FOMC Unimous About Keeping Rates Unchanged. In forex trading yesterday, the Fed was torn between the inflation issue and housing. In the end they decided to keep rates unchanged.
According to the minutes of their metting held on May 9, the Fed officials expect the economy to improve this year and they eye inflation as their main concern. They also list the the risk that the housing recession may ``weigh heavily'' on growth. The also said the risks of a slowdown have ``diminished slightly.''
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Forex Trading - FOMC Unimous About Keeping Rates Unchanged
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Forex Trading - FOMC Unimous About Keeping Rates Unchanged
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